https://www.taxtmi.com/caselaws?id=440723 The Court dismissed the appeal challenging the deletion of a penalty under Section 271(1)(c) of the Income Tax Act. It found that the assessee's voluntary disclosure and bona fide reasons for an excess claim did not warrant the penalty. The Court held that no substantial question of law arose, upholding the Tribunal's decision to delete the penalty and dismissing the appeal without costs. en-us Tue, 11 Jul 2023 00:00:00 +0530 Tue, 25 Jul 2023 08:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=440723 The Court dismissed the appeal challenging the deletion of a penalty under Section 271(1)(c) of the Income Tax Act. It found that the assessee's voluntary disclosure and bona fide reasons for an excess claim did not warrant the penalty. The Court held that no substantial question of law arose, upholding the Tribunal's decision to delete the penalty and dismissing the appeal without costs. Case-Laws Income Tax Tue, 11 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=440723